Nevada Sports Betting Numbers Dip in February

Sports betting in Nevada continues to take in hundreds of millions in handle. This February, however, the Nevada sports betting numbers are the same as other states throughout the country- trending downward. As you have read in gambling industry news, most states see a dip in handle during February, due to a few reasons that are consistent every year.

For one, February has less days. And this year, there was one less weekend, which is a big loss for sportsbooks in February. There is also a lack of a full slate of NFL games as the Super Bowl happens in the first week of the month. But despite the decrease in betting events, the best sportsbook pay per head provider still reports that their bookies still enjoyed a prosperous Super Bowl weekend.

Nevada Sports Betting Numbers

For February, the state has a total sports betting handle of $780.8 million. This is 29.6% less than January’ handle. But the year on year numbers are great, showing a 40.9% increase from February 2021’s $554.1 million. Meanwhile, the numbers for mobile sports betting follows a similar pattern. The mobile handle for February totals $512.2 million, 34.9% lower than January’s handle. It is, however, a whopping 62% higher than February’s $316.3 million.

For those wondering how do bookies make money, the guide can help you understand where profit comes from. It is, of course, a growing market, so starting your sportsbook operation should be something you should be doing already. Keep in mind that in Nevada, mobile wagers take in 65.5% of the total handle. That’s how popular online sports betting is in one of the biggest sports betting markets in the world.

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